Clay County Florida Real Estate Market Report
July 2014
Single Family homes in:
Fleming Island ·Orange Park ·Middleburg · Green Cove Springs
July 2014 July 2013
Active Listings: 1318 Active Listings: 1064
Sold: 287 Sold: 240
Months Inventory: 4.59 Months Inventory: 4.43
Average Price: 435,440 Average Price: 437,894
Again, we are seeing higher inventory AND more sold homes, which is keeping are months inventory similar to last years. For those who are not aware what months inventory means, I’ll explain. Mathematically, your dividing the active listings by the number of homes to calculate that number. The months inventory number means that it would take 4.59 months to sell 1,318 homes, assuming no other new listings come out of the market. Of course, that’s never gonna happen, but it does give us some insight. Want to compare this market vs the market from July 2005? I know you do. 🙂
July 2005: 870 listings with 391 sold. That puts the months inventory level at 2.06! Wow, that’s something else.
The median sales price in Clay County for July 2014 was $163,000. In July 2013 it was $163,000. Whoa! That doesn’t happen often. Let’s see what it was like in July 2005. Drum roll please……..$190,791 was the median sales price in Clay County for July 2005. Little bit of a difference!
Clay County Florida Market Report July 2014
And now for a Blast in the Past…………..
Clay County Florida Market Report July 2013
Active Listings– The amount of active listings in the month reported
Sold– The amount of sold listings that closed in the reported month.
Months Inventory– How many months it would take to sell the current inventory based on the sold amount.
Avg Sale Price– Average sale price of the sold houses in the reported month.
SP/OLP Ratio– Sales price to Original List Price, this is the percentage showing the difference of what the house was originally listed for and what it sold for.
Days on the Market– The length of time it took the house to get under contract from list date.
Sold REO– How many homes sold that were foreclosures (REO=Real Estate Owned).
Sold Short Sales– How many homes sold, that were short sales
Want to see what the real estate market looks like in your neighborhood?
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Want to know what these numbers mean to you when selling your Clay County Florida Home? Call me at 904-910-3516 and find out!
